Originally Posted by Ready Action
Nuti fought for a couple of years the thought of having to reside in Dayton even though NCR's charter clearly stated the CEO must reside where the HQ is located. All of the previous CEO's in NCR's 100+ year history resided in the Dayton area. Nuti gave all kinds of excuses including stating he needed to stay on the east coast another year so he could care for his ailing mother. What he was doing all along was buying time to get his buddies on the board and hence the move to Georgia. One year soon after the move,Nuti was voted the worst CEO in America and to this very day his employee approval rate remains very low. That NCR stuff to this day still burns in my belly, now back to basketball.
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Originally Posted by springborofan
The Teradata spin off was not about unlocking investor value. It was about Nuti hand picking his board after the spin off. There is a special place in he!! for that guy. I agree...back to basketball!
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When NCR was in Town ruling the south-end roost UD was a land-locked school forced to put buildings practically on top of one another. NCR might have sold off property to a developer to build god-knows-what.
Instead, with a true visionary running UD, when NCR left UD snapped up all the available NCR property...transforming the University in way that would have been impossible to even imagine just 20 years ago. NCR's leaving made UD!
Today the UD-MVH ed-med complex dominates the south end of town and much of its prime land...even the Fairgrounds. And we have two blue-chip tenants in place, GE and Emerson. There is room for at least one more for the NW corner of the property. Will UD luck out and land another fish like GE or Emerson? Who knows.....but it would be great if we did.
Whatever, none of what has transformed UD over the last decade plus would have been possible had NCR remained in Dayton. Talk about turning lemons into lemonade!